Nissan Plans to Close Factories in Japan, Mexico, Yomiuri Says

Nissan Motor Co. plans to close two factories in Japan, as well as locations in four other countries as part of its restructuring and cost-cutting process, the Yomiuri newspaper and other news outlets reported, citing unidentified sources.

In Japan, Nissan is looking to close facilities in Oppama and Hiratsuka operated by manufacturing subsidiary Nissan Shatai Co., which represent about 30% of domestic production, according to Kyodo News. Both are located in Kanagawa prefecture, an area south of Tokyo where Nissan’s head office is based.